ReachLocal IPO Pricing

WOODLAND HILLS, Calif., May 19, 2010 -- ReachLocal, Inc., a local online marketing company, today announced the pricing of the initial public offering of 4,166,667 shares of common stock at a price to the public of $13.00 per share.

The shares will begin trading on the NASDAQ Global Select Market on May 20, 2010 under the ticker symbol "RLOC."

Of the shares of common stock in the offering, ReachLocal is offering 3,316,103 shares and selling stockholders are offering 850,564 shares. In addition, ReachLocal has granted the underwriters a 30-day option to purchase up to an additional 625,000 shares of common stock, solely to cover over-allotments, if any.

J.P. Morgan Securities Inc. and BofA Merrill Lynch are acting as joint book-running managers for the offering. Citi is acting as lead manager, and Piper Jaffray & Co., Needham & Company, LLC and Gleacher & Company are acting as co-managers.

A registration statement relating to this offering was declared effective by the Securities and Exchange Commission on May 19, 2010. Any offer or sale will be made solely by means of a written prospectus forming part of the effective registration statement. Copies of the final prospectus relating to the offering may be obtained from: J.P. Morgan Securities Inc., Attention: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, Telephone: (866) 803-9204; or BofA Merrill Lynch, 4 World Financial Center, New York, NY 10080, Attention: Preliminary Prospectus Department, Email: Prospectus.Requests@ml.com.

Source: ReachLocal, Inc.